Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin really censorship-resistent if they can't reach Canadian truckers
by
n0nce
on 23/02/2022, 12:25:07 UTC
But for that we have mixers.  Grin
We have mixers and CoinJoins, sure. But we also have exchanges that freeze coins that originate from known mixers, casinos, and whatnot. I expect this is going to become a trend in the future. Regulatory pressure will force centralized exchanges to consider funds that came from such services as being dirty, illegal, and laundered. You will be asked to prove that you are not a criminal and not the other way around. For that reason we have decentralized exchanges...until they find a way to blacklist those coins as well. When and if they do that, we are left with face-to-face deals.   
If we extrapolate this to the extreme: governments can also simply state 'now all (opposed to coming from addresses a,b,c,d,e) BTC is illegal', banning anyone from trading BTC for products (buying stuff) or fiat (exchanging currency). It would be a purely legal thing, so no technological changes or advancements can prevent that.